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Food Price Increase For French Farmers Delayed

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Food Price Increase For French Farmers Delayed

2018-12-05 12:52:591 Oct 2018 01:53 AM EST

According to Reuters, France will hold off on rising food prices, until early 2019. Agriculture Minister Didier Guillaume says that the proposed delay is due to mass protests, that have dominated the country since November 17. This included huge protests over fuel taxes and the cost of living. Food price increases will be discussed at a cabinet meeting on Wednesday. According to Guillaume, the decision to raise food prices for farmers after protests, could be implemented by the government in January or February. This would come before the end of annual price negotiations with supermarkets that started in November. Reuters explains, "armers have long complained of being hit by a price war between retailers, which has benefited consumers but hurt producers - and they have sought to have the regulations brought in."

 

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